Keys, Net future value, Display: description – HP 10B User Manual

Page 117: Example: value of a fund

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Keys:

754 Ш

82

(БШ

S

2

D

180Е]82|

liiUWdil

Display:

Description:

1

Ш

CFO

Enters $35,000 for loan

-35.000.00

amount.

JESS

Enters net payment for

CF

1

107.59

first 82 months.

n

1

Enters number of times

82.00

payment occurs.

CF

2

Enters net payment for

861.59

next 98 months.

n

2

Enters number of times

98.00

payment occurs.

10.16

Calculates annual return.

Net Future Value

The ncl future value can be calculated by using the TVM keys to

slide

the

net present value

(NPV)

forward on the cash flow diagram.

Example: Value of a Fund«

You have made the following deposits

over the past two years into a money market fund earning

8

.

8

%. What is

the current balance of the account?

114

$: Additional Examples

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